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DibbsBarker advises Xplore Capital in takeover bid
DibbsBarker has advised Xplore Capital Ltd (Xplore Capital), a financial services company, in the recent takeover bid by Firstfolio Limited (ASX: FFF).
Firstfolio has made an off-market takeover bid for all issued shares in Xplore Capital and both parties have entered into a Takeover Bid Implementation Agreement. Under the takeover arrangements, Xplore Capital shareholders have been offered two options for their shares; either a cash alternative or a share and cash alternative.
DibbsBarker has assisted the Xplore Capital Directors throughout this process. The DibbsBarker team was led by partners Lis Boyce and Geoff Cairns. DibbsBarker is a commercial law firm that delivers legal advice with industry insights. For more information, please contact elaine.gorman@dibbsbarker.com.
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